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    The Cost Approach: Unnecessary or Vital to a Healthy Practice?

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    July 11, 2024 Appleton, WI
    Date
    July 11, 2024
    Sponsor
    Wisconsin Chapter
    Location
    Country Inn & Suites
    355 Fox River Drive
    Appleton, WI 54913
    Instructor
    Lisa M. Meinczinger-Gulden, SRA, AI-RRS
    Class Time
    7 hours
    Full Price
    $175.00
    AI Price
    $150.00
    Enroll by July 11!
    View Pricing Options
    Course Description
    How often have you have heard that the cost approach is unnecessary to obtain credible assignment results…that it is not relevant to valuing one to four-unit properties? This mindset can leave you ill-prepared for atypical assignments. It also can affect your ability to support adjustments properly in the sales comparison approach, understand trends in market conditions that are driven by building costs, and recognize and quantify the forms of depreciation that can affect residential improvements. Through presentations, case studies, and exercises, this hands-on seminar will help you become reacquainted with the cost approach. You’ll realize that you can rely on it when you have plentiful, very little, or confusing market data. And as a result, you’ll add value to and strengthen your appraisal practice.


    Who Should Enroll
    Residential appraisers
    AI CE Points
    Attend:
    35
    State Approvals
    State QE/CE Course & Exam Course Only Exam Only Delivery Format Approval Format Start Date Expire Date State Code
    AL CE 7 7 Classroom Classroom 10/01/2022 09/30/2024 C02648
    AR CE 7 7 Classroom Classroom 01/11/2024 01/11/2026 AIA04 (Arkansas Chapter)
    AZ CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    CO CE 7 7 Classroom Classroom 09/17/2022 09/16/2025 2265
    CT CE 7 7 Classroom Classroom 09/14/2022 09/14/2025 AAL.000976
    DE CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    GA CE 7 7 Classroom Classroom 09/26/2019 09/16/2025 71180
    ID CE 7 7 Classroom Classroom 09/17/2022 09/16/2025
    IN CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    MA CE 7 7 Classroom Classroom 09/17/2022 09/16/2025 120095
    MD CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    ME CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    MI CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 2213
    MO CE 7 7 Classroom Classroom 08/30/2022 09/16/2025
    ND CE 7 7 Classroom Classroom 10/13/2022 09/16/2025 CE-222075
    NE CE 7 7 Classroom Classroom 10/17/2019 10/17/2024 219140A.02
    NH CE 7 7 Classroom Classroom 12/15/2022 09/16/2025
    NJ CE 7 7 Classroom Classroom 09/21/2022 09/16/2025 2022-3465
    OR CE 7 7 Classroom Classroom 08/31/2022 09/16/2025 APIN-C-0922-8941
    PA CE 7 7 Classroom Classroom 09/17/2022 09/16/2025
    PR CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    RI CE 7 7 Classroom Classroom 08/24/2022 09/16/2025 REA.0001922-CE
    SC CE 7 7 Classroom Classroom 09/01/2022 08/31/2024 CE1824
    TX CE 7 7 Classroom Classroom 09/17/2022 09/16/2024 TX Provider #:10 Course #:44287
    VA CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    WA CE 7 7 Classroom Classroom 09/17/2022 09/16/2025 A4182
    WI CE 7 7 Classroom Classroom 09/16/2022 09/16/2025 69645
    WY CE 7 7 Classroom Classroom 09/17/2022 09/16/2025 1398
    Course Objectives
    • Estimate site value.
    • Estimate cost of improvements.
    • Estimate entrepreneurial incentive.
    • Estimate total cost of improvements.
    • Estimate depreciation in the structure.
    • Estimate depreciated cost.
    • Estimate contribution of site improvements.
    • Derive indicated value of the property.


    Course Details

    Program Overview:

    Equipment:

    • A regular function or financial calculator is required 
    • Bringing a PRINT copy of the materials to class (rather than the download) will enhance your learning experience

    Additional Information:

    Seminar Materials Include:
    • Seminar Handbook (442 pp.)
    • Pre-Class Memo (1 p.)
    Important! You may want to consider ordering print materials for this seminar, or simply print all materials on your own and bring them to class. Having print copies of the materials will enhance the learning experience for this seminar.
     
    Required Equipment:
    • A regular function or financial calculator is required  

    Course Materials & Recommended Books
    None specified.
    Pricing Options
    Rate Full Price AI Price
    Standard
    Today thru 07/11/2024
    $175.00 $150.00
    Event Information

    Registration:  8am

    Class Starts:  8:30am

    Continental breakfast and lunch are provided